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- Published on May 27, 2021
- In Global Tech
Google Turns Down DeepMind’s Autonomy Bid
DeepMind founders have argued that the company must have the same legal structure as a non-profit.
- By Shraddha Goled
AI research lab DeepMind’s reported attempt to get more autonomy from its parent company Alphabet has fallen flat. As per a recent Wall Street Journal report, DeepMind’s team has been negotiating with the tech giant for two years now.
Founded in 2010, DeepMind was bought by Google in 2014. DeepMind has been behind some of the most path breaking innovations in recent years, including AlphaFold, a solution to the 50-year-old protein folding problem.
Google-DeepMind Deal
DeepMind founders have argued that the company must have the same legal structure as a non-profit, reasoning that a single corporate entity should not control powerful AI innovations and discoveries. Google, which shelled out $600 million for acquiring DeepMind, snubbed the proposal.
Google has been increasing
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Shraddha Goled
I am a technology journalist with AIM. I write stories focused on the AI landscape in India and around the world with a special interest in analysing its long term impact on individuals and societies. Reach out to me at shraddha.goled@analyticsindiamag.com.
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